FIXED ASSETS - Schedule of Fixed Assets (Details) (USD $)
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Nov. 30, 2013
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Aug. 31, 2013
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Property, Plant and Equipment [Abstract] | ||
Robinson R44 helicopter | $ 212,500 | $ 212,500 |
Aircraft overhaul 2013 | 259,392 | 259,392 |
Total fixed assets | 471,892 | 471,892 |
Less: Accumulated amortization | 30,263 | 17,293 |
Less: Accumulated depreciation | 46,042 | 40,733 |
Total fixed assets, net | $ 395,583 | $ 413,866 |
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- Definition
Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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